Walker & Dunlop CEO William Walker granted performance stock units tied to three-year TSR
Walker & Dunlop granted Chief Executive Officer William Walker a performance stock unit award on August 24, 2025, tied to total stockholder return over August 24, 2025 through August 23, 2028. The award is earned only if the company's annualized TSR beats the S&P 600 Small Cap Financials Index by at least 1.0 percentage point, and it is capped at 521,526 shares.
Key points
- Award granted August 24, 2025 under the 2024 Equity Incentive Plan
- Earned only if annualized TSR is at least 1.0 percentage point above the S&P 600 Small Cap Financials Index over the three-year period
- Payout capped at the lesser of 521,526 shares or $50,000,000 divided by the VWAP
- Earned shares vest in three equal annual installments, subject generally to continued employment
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.